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IFINU - IFINU STOCK NEWS

Welcome to our dedicated page for IFINU news (Ticker: IFINU), a resource for investors and traders seeking the latest updates and insights on IFINU stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IFINU's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IFINU's position in the market.

Rhea-AI Summary

Seamless Group Inc. appoints Haggai Ravid as Chief Financial Officer, effective immediately, as it advances its business combination with INFINT Acquisition Corporation (NYSE: IFIN). Ravid brings nearly two decades of financial leadership experience, previously serving as CEO at Cukierman & Company Investment House. His expertise in optimizing financial operations and driving growth is expected to enhance shareholder value. CEO Ronnie Hui emphasizes Ravid's fit within the company culture and his pivotal role in the transition to a publicly traded entity.

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Rhea-AI Summary

INFINT Acquisition Corporation has successfully closed its initial public offering (IPO) of 17,391,200 units at $10.00 each, generating gross proceeds of $199,998,800. The offering included an over-allotment of 2,608,680 units fully exercised by underwriters. Each unit comprises one Class A ordinary share and one-half of a redeemable warrant, with warrants priced at $11.50. The units began trading on the NYSE under symbol IFIN.U on November 19, 2021. The company focuses on mergers and acquisitions in the financial technology sector.

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Rhea-AI Summary

INFINT Acquisition Corporation priced its initial public offering (IPO) at $173.9 million, offering 17,391,200 units at $10.00 per unit. The units will trade on the NYSE under the symbol IFIN.U starting November 19, 2021. Each unit comprises one Class A ordinary share and one-half redeemable warrant for a share at $11.50. The company aims to focus on financial technology sectors for business combinations. The IPO is underwritten by EF Hutton and Jones Trading, with an option for additional units to cover over-allotments.

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